Marketplace Morning Report for Wednesday, August 3, 2011

Episode Description 
Marketplace Morning Report for Wednesday, August 3, 2011
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The biggest series of cyber attacks in history

Computer security firm McAfee claims that more than 70 groups, including the U.S. government and the International Olympic committee, have had confidential data stolen during a five-year cyber attack campaign by a single organization
Posted In: Science
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Jobs, debt, cuts all work against an economic recovery

Richard Dekaser on the possibility of another recession, and the reality of what he calls our current 'growth-recession'
Posted In: Economy
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Deciphering mixed job data

A couple of jobs reports out today could be an optimistic bit of news heading into Friday, when we get the Labor Department's all-important July employment report
Posted In: Jobs
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New regulations mean banks lose workers

Job cuts announced by HSBC, Barclays and others already total close to 50,000 globally. Why so much pain in the financial sector? From London, Marketplace's Stephen Beard reports.
Posted In: Banks
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Layoffs pick up, employment hopes dim

Employment executive John Challenger explain why sectors that had been seeing fairly few layoffs -- unexpectedly lost jobs in July
Posted In: Jobs
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Canadian crude -- oil, that is

Oil from the Canadian oil sands has become big business in the Midwest, boosting the economy by creating jobs. But some say those jobs come at a cost.
Posted In: Oil
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Egypt's very own 'trial of the century'

How does the trial of former leader Hosni Mubarak threaten Egypt's already soft economy?
0

Italy back on the hot seat in European debt crisis

One day after the U.S. averted a possible default, political problems are scaring global investors away from Spain, Italy -- and the U.S.
2

President Obama signed the debt deal -- but that can't fix the economy

Deep spending cuts could hamper economic growth, and some analysts say the debt deal may actually spook investors, rather than reassure them
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Pending a takeover, Clorox's multiple brands come into question

Besides selling bleach, Clorox also owns Glad trash bags and Hidden Valley salad dressing, among others. Analysts say those brands might do better if they were sold off
Posted In: Food, Retail
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Air quality advisories becoming standard practice in cities

During hot, stagnant summer weather, cities face the difficult task of promoting both safety and environmental friendliness.
Posted In: Environment
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Food stamps: An economic indicator of things to come?

Jim Weill of the Food Research and Action Center says a record number of Americans are on food stamps, and government cutbacks won't directly impact the program until 2013
Posted In: Food

Music from this show

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Reality
RJD2
Wise Dread (Instrumental)
DJ Drez
I Wanna Be Your Lover
Prince
Brother Lee
Citizen Cope
B For My Name
The Beastie Boys

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When the coal layoffs trickle down

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When being cheap isn't worth it

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The secret life of a food stamp

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